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Economy of Poland vs Vietnam compared: GDP & Debt

Updated on by Georank team

Poland has a GDP of $918B compared to $476B for Vietnam, ranking 21/197 and 33/197 by economy size, respectively.

Poland has $507B in government debt (55.3% of GDP), compared to $149B (31.3% of GDP) in Vietnam.

Poland vs Vietnam GDP by year

Poland
Vietnam
1x
Year GDP, current $
Poland Vietnam
2024 $917,767,106,147 $476,388,230,307
2023 $812,451,193,396 $433,857,681,378
2022 $695,607,470,875 $413,445,230,669
2021 $689,170,230,665 $366,474,752,771
2020 $605,914,237,904 $346,615,738,538
2019 $602,683,770,145 $334,365,270,497
2018 $594,616,687,350 $310,106,478,395
2017 $528,356,676,667 $281,353,605,987
2016 $473,259,583,970 $257,096,001,178
2015 $480,054,118,583 $239,258,328,382
2014 $542,134,167,179 $233,451,469,643
2013 $518,179,836,405 $213,708,811,665
2012 $498,148,649,703 $195,590,661,129
2011 $527,848,543,023 $172,595,049,184
2010 $478,111,630,684 $147,201,173,197
2009 $440,891,472,247 $106,014,659,565
2008 $535,612,030,672 $99,130,304,099
2007 $429,715,132,138 $77,414,425,532
2006 $345,897,630,736 $66,371,664,817
2005 $306,999,913,151 $57,633,255,738
2004 $256,268,656,145 $45,427,854,693
2003 $218,561,225,998 $39,552,513,232
2002 $199,694,463,256 $35,064,105,501
2001 $191,823,200,371 $32,685,198,809
2000 $172,953,527,033 $31,172,518,403
1999 $170,704,452,715 $28,683,659,007
1998 $175,282,269,667 $27,209,602,050
1997 $159,893,964,917 $26,843,700,442
1996 $160,813,026,223 $24,657,470,575
1995 $142,838,527,115 $20,736,164,459
1994 $110,803,635,288 $16,286,433,533
1993 $96,043,157,273 $13,180,953,598
1992 $94,337,050,693 $9,866,990,236
1991 $85,500,935,935 $9,613,369,520
1990 $65,977,748,211 $6,471,740,806
1989 - $6,293,304,975
1988 - $25,423,812,649
1987 - $36,658,108,850
1986 - $26,336,616,250
1985 - $14,094,687,821

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

GeoRank.org/economy/poland/vietnam | CC BY

GDP per capita in Poland vs Vietnam by year

Poland
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,104 $51,263 $4,717 $16,386
2023 $22,145 $48,473 $4,323 $15,034
2022 $18,891 $46,778 $4,148 $13,905
2021 $18,636 $41,060 $3,704 $12,049
2020 $16,151 $37,089 $3,534 $11,609
2019 $15,875 $35,882 $3,441 $11,029
2018 $15,658 $32,345 $3,222 $10,010
2017 $13,913 $30,170 $2,956 $9,170
2016 $12,464 $28,360 $2,735 $8,375
2015 $12,638 $26,988 $2,578 $7,672
2014 $14,262 $25,460 $2,546 $7,297
2013 $13,622 $24,434 $2,360 $6,758
2012 $13,087 $23,728 $2,185 $6,377
2011 $13,868 $22,809 $1,951 $5,786
2010 $12,568 $20,991 $1,683 $5,389
2009 $11,556 $19,300 $1,226 $5,061
2008 $14,049 $18,372 $1,164 $4,844
2007 $11,273 $16,833 $926 $4,581
2006 $9,069 $15,205 $808 $4,237
2005 $8,044 $13,936 $711 $3,894
2004 $6,712 $13,413 $565 $3,543
2003 $5,721 $12,329 $497 $3,240
2002 $5,223 $11,841 $445 $3,002
2001 $5,015 $11,175 $419 $2,809
2000 $4,521 $10,721 $404 $2,614
1999 $4,416 $10,081 $376 $2,421
1998 $4,534 $9,521 $361 $2,308
1997 $4,137 $8,967 $362 $2,189
1996 $4,164 $8,310 $337 $2,019
1995 $3,701 $7,715 $287.8 $1,841
1994 $2,875 $7,040 $229.9 $1,674
1993 $2,497 $6,560 $189.4 $1,534
1992 $2,459 $6,193 $144.5 $1,413
1991 $2,236 $5,925 $143.7 $1,298
1990 $1,731 $6,185 $98.8 $1,210
1989 - - $98.1 -
1988 - - $405 -
1987 - - $595 -
1986 - - $436 -
1985 - - $238.6 -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

GeoRank.org/economy/poland/vietnam | CC BY

Poland's GDP per capita is $25,104, ranking 48/197, compared to $4,717 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Vietnam ranks 108th at $16,386.

Economic indicators

Poland Vietnam
Gross domestic product
$918B
2024
$476B
2024
GDP rank
21/197
2024
33/197
2024
GDP growth
3.03%
2023-2024
7.09%
2023-2024
GDP per capita
$25,104
2024
$4,717
2024
GDP per capita rank
48/197
2024
122/197
2024
GDP per capita, PPP
$51,263
2024
$16,386
2024
GDP per capita PPP rank
43/197
2024
108/197
2024
Government debt
$507B
2024
$149B
2024
Debt-to-GDP ratio
55.3%
2024
31.3%
2024
Government debt per person
$13,874
2024
$1,475
2024
Government debt per person rank
41/185
2024
132/185
2024
Average annual personal income after taxes
$20,736
2026
$4,020
2026
Market capitalization of domestic companies
$197B
2024
$205B
2024
Number of billionaires
10
2025
5
2025
Income share by richest 10%
22.9%
2023
28.1%
2022
Income share by poorest 10%
3.3%
2023
2.6%
2022
Government expenditure, % of GDP
49.4%
2024
19.1%
2024
Consumer prices inflation
3.78%
2023-2024
3.6%
2023-2024
Central bank interest rate
4%
2025
4.5%
2023
Unemployment rate
2.81%
2024
1.53%
2024
Population
35806942
102365351

Spending and national debt comparison by year

Poland
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Poland Vietnam
Government spending Government debt Government spending Government debt
2024 49.4% 55.3% 19.1% 31.3%
2023 46.9% 49.5% 18.8% 34.3%
2022 43.2% 48.8% 18.2% 34.9%
2021 43.6% 53% 20.1% 39.2%
2020 47.7% 56.6% 21.3% 41.3%
2019 41.4% 45.2% 19.8% 41%
2018 41% 48.2% 20.5% 43.8%
2017 41.1% 50.4% 21.5% 46.6%
2016 41.1% 54.1% 22.2% 47.9%
2015 41.5% 51.1% 24.2% 46.1%
2014 42.7% 51.1% 22.8% 43.6%
2013 43.2% 56.9% 24.5% 41.4%
2012 43.2% 54.5% 23.5% 38.3%
2011 44.1% 54.8% 21.2% 36.2%
2010 46% 53.7% 23.7% 37.3%
2009 44.9% 49.7% 25% 36.2%
2008 44% 46.6% 21.4% 31%
2007 42.8% 44.4% 22.3% 32.2%
2006 44.3% 47.1% 20.5% 30.2%
2005 44.1% 46.5% 20.6% 28.7%
2004 43.3% 44.9% 19.4% 29.4%
2003 45.5% 46.4% 22.2% 29.8%
2002 45.1% 41.6% 19.7% 27.7%
2001 44.7% 37.2% 19.2% 25.4%
2000 43.1% 36.4% 17.8% 24.8%
1999 42.5% 39.4% 16.7% -
1998 44% 38.7% 16% -
1997 46.1% 42.7% - -
1996 50.7% 43.2% - -
1995 47.5% 48.7% - -
1994 - 64.3% - -
1993 - 83.9% - -
1992 - 81.9% - -
1991 - 76.9% - -
1990 - 89.7% - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 35.6% - - -
1978 35.8% - - -
1977 35.6% - - -
1976 34.8% - - -
1975 34.1% - - -
1974 28.6% - - -
1973 24.5% - - -
1972 24.1% - - -
1971 24.1% - - -
1970 25.8% - - -
1969 26.3% - - -
1968 27.3% - - -
1967 29.6% - - -
1966 31.7% - - -
1965 31.8% - - -
1964 33.5% - - -
1963 33.3% - - -
1962 43% - - -
1961 42.8% - - -
1960 39.2% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

GeoRank.org/economy/poland/vietnam | CC BY

In 2024, Poland's government spending was $453B, accounting for 49.4% of its GDP, while Vietnam spent $91.1B, or 19.1% of GDP.

Debt-to-GDP ratio is 55.3% in Poland and 31.3% in Vietnam, ranking 95/185 and 156/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Vietnam
1x
Year Deficit/surplus, % of GDP
Poland Vietnam
2024 -6.59% -1.54%
2023 -5.27% -1.72%
2022 -3.44% 0.67%
2021 -1.75% -1.43%
2020 -6.85% -2.86%
2019 -0.73% -0.4%
2018 -0.24% -1.02%
2017 -1.49% -1.96%
2016 -2.38% -3.16%
2015 -2.59% -4.98%
2014 -3.66% -5.02%
2013 -4.25% -5.96%
2012 -3.8% -5.46%
2011 -4.97% -0.9%
2010 -7.43% -2.25%
2009 -7.24% -4.82%
2008 -3.6% -0.45%
2007 -1.88% -1.74%
2006 -3.53% 0.2%
2005 -3.93% -0.95%
2004 -4.99% -0.15%
2003 -6.02% -2.56%
2002 -4.8% -1.85%
2001 -4.73% -2.19%
2000 -4% -1.61%
1999 -2.3% -1.25%
1998 -4.25% -0.1%
1997 -4.61% -
1996 -4.84% -
1995 -4.39% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/poland/vietnam | CC BY

In 2024, Poland's government deficit, the difference between spending and revenue, was $60.4B, equivalent to 6.59% of GDP. This compares to Vietnam's deficit of $7.32B, or 1.54% of GDP.

Over the past 27 years, Poland recorded a fiscal deficit in 27 of those years, while Vietnam ran a deficit in 25 years. On average, Poland posted an annual deficit equal to 3.95% of GDP, compared to deficit of 2.05% of GDP for Vietnam.

Inflation comparison by year

Inflation
Poland

Vietnam
1x
Year Consumer prices inflation
Poland Vietnam
2024 3.78% 3.6%
2023 11.5% 3.3%
2022 14.4% 3.2%
2021 5.06% 1.8%
2020 3.37% 3.2%
2019 2.23% 2.8%
2018 1.81% 3.5%
2017 2.08% 3.5%
2016 -0.66% 2.7%
2015 -0.87% 0.6%
2014 0.05% 4.1%
2013 0.99% 6.6%
2012 3.56% 9.1%
2011 4.24% 18.7%
2010 2.58% 9.1%
2009 3.8% 6.7%
2008 4.16% 23.3%
2007 2.46% 8.4%
2006 1.28% 7.7%
2005 2.18% 8.3%
2004 3.38% 7.8%
2003 0.68% 3.1%
2002 1.91% 3.8%
2001 5.41% -0.4%
2000 9.9% -1.8%
1999 7.15% 4.1%
1998 11.6% 8.1%
1997 14.9% 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/poland/vietnam | CC BY

Over the past 28 years, Poland has recorded an average annual inflation rate of 4.39%, compared with 5.64% in Vietnam. In 2024, inflation was 3.78% in Poland and 3.6% in Vietnam.

Top exports between countries

Poland
Export category Export value
Animal & marine products $183M
Machinery & equipment $101M
Chemicals & pharma $60.4M
Textiles & consumer goods $34.4M
Processed food, beverages & tobacco $23.1M
Wood & paper products $11.2M
Raw materials & minerals $10.1M
Metals $7.56M
Raw agricultural goods $4.36M
Weapons & explosives $4M
Vietnam
Export category Export value
Machinery & equipment $1.47B
Textiles & consumer goods $310M
Metals $271M
Chemicals & pharma $156M
Processed food, beverages & tobacco $68.6M
Raw agricultural goods $67M
Raw materials & minerals $58M
Animal & marine products $36.9M
Wood & paper products $10.5M
Precious metals & jewellery $2.9M

Balance of trade

Poland Vietnam
Current account balance
$2.8B
2024
$28B
2024
Current account balance ranking
40/190
2024
18/190
2024
Current account balance, % of GDP
+0.3%
2024
+5.89%
2024
Goods imports
$367B
2024
$362B
2024
Goods exports
$361B
2024
$406B
2024
Service imports
$74.9B
2024
$36.2B
2024
Service exports
$118B
2024
$23.9B
2024
Imports of goods and services, % of GDP
48.2%
2024
83.7%
2024
Exports of goods and services, % of GDP
52.2%
2024
90.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Poland Vietnam
Economic freedom 68.5 64.4
Economic freedom ranking 46/197 73/197
Property rights 71.8 47.3
Government integrity 60.7 39.2
Judicial effectiveness 62.5 31.3
Tax burden 72.7 80.9
Government spending 35.1 89.5
Fiscal health 74.8 96.9
Business freedom 77.5 70
Labor freedom 53.7 54.7
Monetary freedom 73.8 73.2
Trade freedom 79.4 79.8
Investment freedom 80 60
Financial freedom 80 50

Economic freedom comparison by year

Poland
Vietnam
1x
Year Economic freedom index
Poland Vietnam
2026 68.5 64.4
2025 67.1 65.2
2024 66 62.8
2023 67.7 61.8
2022 68.7 60.6
2021 69.7 61.7
2020 69.1 58.8
2019 67.8 55.3
2018 68.5 53.1
2017 68.3 52.4
2016 69.3 54
2015 68.6 51.7
2014 67 50.8
2013 66 51
2012 64.2 51.3
2011 64.1 51.6
2010 63.2 49.8
2009 60.3 51
2008 60.3 50.4
2007 58.1 49.8
2006 59.3 50.5
2005 59.6 48.1
2004 58.7 46.1
2003 61.8 46.2
2002 65 45.6
2001 61.8 44.3
2000 60 43.7
1999 59.6 42.7
1998 59.2 40.4
1997 56.8 38.6
1996 57.8 40.2
1995 50.7 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/poland/vietnam | CC BY

The Economic Freedom Index for Poland is 68.5, ranking 46/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Poland Vietnam
Services, % of GDP
59.1%
2024
42.4%
2024
Industry, % of GDP
27.2%
2024
37.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
11.9%
2024
GNI, Atlas method
$789B
2024
$454B
2024
GNI per capita, PPP
$49,540
2024
$15,850
2024
Total reserves including gold
$223B
2024
$83.1B
2024
Total reserves ranking
17/177
2024
30/177
2024
Net foreign direct investment
-$10.6B
2024
-$19.6B
2024
Net inflows of foreign direct investment
$20.6B
2024
$20.2B
2024
Net outflows of foreign direct investment
$10B
2024
$600M
2024
Servicing debt to the IMF, % of GNI n/a
7.29%
2024
Poverty at national poverty lines
13.3%
2024
4.2%
2022
Gross capital formation, % of GDP
17.8%
2024
30.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/poland/vietnam | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.